trump and xi advanced a framework to cut tariffs on $30b of non-sensitive goods in each direction. the u.s. basket includes toys and small appliances, and china's includes u.s. farm goods and seafood. neither side has given rates, product lists or a start date. if the $30b is annual, it's about 0.9% of 2025 u.s. goods imports. any price relief would be narrow, and the effect on inflation and interest rates, which matter for crypto, is still unknown.